NOT LISTED FOR SALE

405 Thayer Place Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $575,000 - $710,000

3 Beds
2 Baths
1,206 Sq Ft
$520/Sq Ft Est. Value

Last Sold June 05, 2013

Last sale price $335,000 $278 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,880/month

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Takoma Park Middle School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of June 2013

Fantastic opportunity in close-in SS, steps to Sligo Creek Park and handy to DT SS. Charming 1940's vintage cape tucked away on quiet cul-de-sac (note Thayer Place, not Ave) offers welcoming LR w/ FP open to screened porch, ready for summer suppers. DR has original corner cabinet. Property needs polishing, price reflects condition, sold "as is". Big backyard too.

Last Agent to Sell the Property

Margaret Finn

(301) 602-5810 meg.finn@lnf.com Perennial Real Estate Listed on: 04/11/2013

Last Buyer's Agent

Judith Kogod Colwell

(301) 325-4388 judykogod@aol.com Perennial Real Estate License #595376

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,805

Year Built

  • Built in 1942

Lot Details

  • 6,050 Sq Ft Lot
  • Property is in below average condition
  • Property is zoned R60

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Shingle Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Humidifier
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Sligo Park Hills Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 161301050066

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,805

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1942
  • Remarks Public: Fantastic opportunity in close-in SS, steps to Sligo Creek Park and handy to DT SS. Charming 1940's vintage cape tucked away on quiet cul-de-sac (note Thayer Place, not Ave) offers welcoming LR w/ FP open to screened porch, ready for summer suppers. DR has original corner cabinet. Property needs polishing, price reflects condition, sold "as is". Big backyard too.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Interior Amenities: Dining Area, Entry Level Bedroom, Wood Floors
  • Window Features: Skylights
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Full, Unfinished
  • Living Area Units: Square Feet
  • Street Number Modifier: 405

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Shingle Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 368.67
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Electric Air Filter, Forced Air, Humidifier
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 117300.00
  • Land Assessed Value: 298400.00
  • Lot Size Acres: 0.14
  • Lot Size Area: 6050
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6050.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Below Average
  • Year Assessed: 2013
  • Zoning: R60

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14009014
  • Tax Annual Amount: 4805.31
  • Assessor Parcel Number: 161301050066
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 1206
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 06/05/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2013
Closed on
Jun 5, 2013
Sold by
Records John A and Gerber Robin M
Bought by
Salipante Paul
Seller's Agent
Margaret Finn
Perennial Real Estate
Buyer's Agent
Judith Kogod Colwell
Perennial Real Estate
List Price
$359,000
Sold Price
$335,000
Premium/Discount to List
-$24,000
-6.69%
Current Estimated Value
$627,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,429
Avg. Annual Appreciation
5.21%
Original Mortgage
$268,000
Outstanding Balance
$190,300
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$437,129

Purchase Details

Closed on
Oct 5, 1990
Bought by
Records John A and Gerber Robin M
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salipante Paul $335,000 Sage Title Group Llc
Records John A $132,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salipante Paul $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2013 06/05/13 Sold $335,000 -6.7% $278 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $359,000 0.0% $298 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $359,000 -- $298 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,480 $535,967 -- --
2024 $6,480 $505,300 $332,800 $172,500
2023 $5,767 $505,000 $0 $0
2022 $4,068 $504,700 $0 $0
2021 $5,404 $504,400 $332,800 $171,600
2020 $5,941 $488,133 $0 $0
2019 $4,980 $471,867 $0 $0
2018 $5,067 $455,600 $332,800 $122,800
2017 $6,094 $442,300 $0 $0
2016 -- $429,000 $0 $0
2015 $4,616 $415,700 $0 $0
2014 $4,616 $407,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Finn

    Seller's Agent in 2013

    Margaret Finn

    Perennial Real Estate

    (301) 602-5810

    Margaret Finn
    Section Image
  • Judith Kogod Colwell

    Buyer's Agent in 2013

    Judith Kogod Colwell

    Perennial Real Estate

    (301) 325-4388

    13 in this area

    73 Total Sales

    Judith Kogod Colwell
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003446260

Bright MLS

APN: 13-01050066

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

405 Thayer Place, Silver Spring, MD

This home is located at 405 Thayer Place, Silver Spring, MD 20910 since 11 April 2013 and is currently estimated at $627,429, approximately $520 per square foot. This property was built in 1942. 405 Thayer Place is a home located in Montgomery County with nearby schools including Takoma Park Middle School, Montgomery Blair High School, and St. Michael the Archangel Catholic Church.

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